In Sitharaman’s Special Package, structural reforms in 8 sectors: Highlights

New Delhi: As part of the 4th tranche of Rs 20 lakh crore special economic package for making India self-reliant, Nirmala Sitharaman today announced a slew of structural reforms.

# Commercial mining in coal sector to be brought in; govt monopoly to be removed, says FM

# Revenue sharing mechanism instead of regime of fixed rupees/tonne will be offered for commercial mining of coal

# Diversified opportunities in the coal sector, investment of Rs 50,000 crores

# There are 8 sectors where reforms are being brought in – coal, minerals, defence production, airports and aerospace management, power sector distribution companies in UTs, space sector, atomic energy sector and civil aviation.

# SEZs, industrial parks spread in some 5 lakh hectares, it would be mapped so that investors don’t face problems.

‘Govt. to bring in Policy Reforms to fast-track Investment; Project Development Cell in each Ministry to prepare investible projects, coordinate with investors and Central/ State Governments’: @nsitharaman #AatmaNirbharEconomy pic.twitter.com/tLaPHzY15W

— PIB India #StayHome #StaySafe (@PIB_India) May 16, 2020

Govt. brings Policy Reforms in Coal Sector:

✅ Introduction of Commercial Mining in Coal Sector
✅Investment of Rs 50,000 crores
✅Liberalised Regime in Coal Sector #AatmaNirbharEconomy (1/2) pic.twitter.com/yL6jUdiFPE

— PIB India #StayHome #StaySafe (@PIB_India) May 16, 2020

Enhancing Private Investments in the Mineral Sector: Structural reforms to boost growth, employment and bring state-of-the-art technology: #AatmaNirbharEconomy pic.twitter.com/reHV5Xf0ri

— PIB India #StayHome #StaySafe (@PIB_India) May 16, 2020